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Brazil cuts taxes on smartphones

Last Updated: Wednesday, April 10, 2013, 18:12

Several companies that produce smartphones in Brazil, including Apple, Nokia, Samsung and Motorola, will benefit from the tax exemption, reported Xinhua.

Brazil cuts taxes on smartphones

Last Updated: Wednesday, April 10, 2013, 13:32

In the latest of a series of tax cuts aimed at revving up the economy by boosting consumption and production, the government has announced it was doing away with tax on smartphones made in Brazil.